Li Ning Company Limited (2331.HK)
Beijing, CN
Operating within the People's Republic of China, Li Ning Company Limited is a comprehensive sporting goods enterprise involved in every stage from product innovation and design to manufacturing, marketing, distribution, and retail. Under its flagship LI-NING brand, the company primarily offers athletic footwear, apparel, equipment, and various accessories, serving both professional athletes and recreational enthusiasts. Beyond its main brand, Li Ning also manages a collection of specialized brands, including AIGLE for outdoor sports products, Double Happiness for table tennis gear, Danskin for fashionable dance and yoga fitness wear, and Kason for badminton equipment. As of December 31, 2021, the LI-NING brand's retail footprint consisted of 7,137 stores, encompassing conventional outlets, flagship locations, dedicated China LI-NING stores, factory outlets, and multi-brand retail spaces. The company, established in 1990, is headquartered in Beijing, China.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +2.36% | -1.46% | -9.99% | -19.18% | +4.84% | -2.52% | +21.50% | -58.02% | -75.02% | +483.33% | +754.46% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 7 | -1 |
| Buy | 19 | -1 |
| Hold | 5 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Leisure: +7.6%+3.2% Q4'25: +8.9% (vs Q4'23)
-
EPS growth Leisure: +13.2%-2.6% Q4'25: +9.5% (vs Q4'23)
-
FCF margin FCF growth · Leisure: +30.4%+9.7% Q4'25: +16.3% (vs Q4'23)
-
EBIT margin Leisure: +11.0%+13.9% ★ Q4'25: +10.3% (vs Q4'23)
-
ROIC Leisure: +6.9%+24.2% ★ Q4'25: +38.6% (vs Q4'23)
-
Share dilution Leisure: +0.0%+0.0% Q4'25: +1.2% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Leisure: -0.39×0.42× ★ Q4'25: 0.27× (vs Q4'23)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 30 Rev. Ana. 26 EPS Ana. |
Dec 2027 31 Rev. Ana. 26 EPS Ana. |
Dec 2028 14 Rev. Ana. 13 EPS Ana. |
Dec 2029 26 Rev. Ana. 24 EPS Ana. |
Dec 2030 15 Rev. Ana. 14 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
8.93B
est: 8.96B (-0.4%)
|
6.74B
est: 7.83B (-14.0%)
|
5.82B
est: 5.88B (-1.0%)
|
6.73B
est: 6.57B (+2.3%)
|
7.09B
est: 9.34B (-24.1%)
|
8.02B
est: 9.01B (-11.1%)
|
8.87B
est: 10.71B (-17.1%)
|
10.51B
est: 11.81B (-11.0%)
|
13.87B
est: 15.38B (-9.8%)
|
14.46B
est: 17.44B (-17.1%)
|
22.57B
est: 26.02B (-13.3%)
|
25.80B
est: 29.12B (-11.4%)
|
27.60B
est: 30.21B (-8.6%)
|
28.68B
est: 28.12B (+2.0%)
|
29.60B
est: 29.01B (+2.0%)
|
33.03B
32.44B – 33.89B
+13.8% YoY
|
35.33B
33.69B – 37.73B
+7.0% YoY
|
37.75B
36.52B – 39.55B
+6.9% YoY
|
40.23B
38.92B – 42.15B
+6.6% YoY
|
43.04B
41.64B – 45.08B
+7.0% YoY
|
| EBITDA |
906.62M
est: 1.58B (-42.5%)
|
-1.41B
est: 655.84M (-315.4%)
|
-14.46M
est: -1.33B (+98.9%)
|
-462.03M
est: -302.65M (-52.7%)
|
378.51M
est: -734.16M (+151.6%)
|
680.77M
est: 263.71M (+158.1%)
|
918.42M
est: 1.02B (-9.8%)
|
1.11B
est: 1.17B (-5.2%)
|
2.72B
est: 1.77B (+53.5%)
|
3.31B
est: 3.25B (+1.9%)
|
6.53B
est: 3.99B (+63.7%)
|
6.97B
est: 4.73B (+47.4%)
|
6.31B
est: 5.80B (+8.9%)
|
6.12B
est: 6.57B (-6.8%)
|
4.95B
est: 6.78B (-27.0%)
|
7.72B
7.58B – 7.92B
+13.8% YoY
|
8.26B
7.88B – 8.82B
+7.0% YoY
|
8.83B
8.54B – 9.25B
+6.9% YoY
|
9.41B
9.10B – 9.85B
+6.6% YoY
|
10.06B
9.74B – 10.54B
+7.0% YoY
|
| EBIT |
596.48M
est: 1.43B (-58.3%)
|
-1.64B
est: 551.56M (-397.2%)
|
-207.65M
est: -1.20B (+82.6%)
|
-679.89M
est: -188.88M (-260.0%)
|
157.07M
est: -772.63M (+120.3%)
|
363.14M
est: 164.09M (+121.3%)
|
548.63M
est: 422.06M (+30.0%)
|
698.77M
est: 520.51M (+34.2%)
|
1.90B
est: 1.02B (+86.0%)
|
2.30B
est: 1.67B (+37.8%)
|
5.39B
est: 2.05B (+163.0%)
|
5.52B
est: 2.43B (+127.1%)
|
4.42B
est: 2.98B (+48.3%)
|
4.26B
est: 5.06B (-15.7%)
|
4.12B
est: 5.23B (-21.2%)
|
5.95B
5.84B – 6.10B
+13.8% YoY
|
6.36B
6.07B – 6.80B
+7.0% YoY
|
6.80B
6.58B – 7.12B
+6.9% YoY
|
7.25B
7.01B – 7.59B
+6.6% YoY
|
7.75B
7.50B – 8.12B
+7.0% YoY
|
| Net Income |
385.81M
est: 1.02B (-62.3%)
|
-1.98B
est: 337.40M (-686.6%)
|
-391.54M
est: -1.49B (+73.7%)
|
-781.48M
est: -438.11M (-78.4%)
|
14.31M
est: -938.94M (+101.5%)
|
643.25M
est: 14.95M (+4,203.1%)
|
515.16M
est: 703.71M (-26.8%)
|
715.26M
est: 601.65M (+18.9%)
|
1.50B
est: 940.93M (+59.3%)
|
1.70B
est: 1.62B (+4.7%)
|
4.01B
est: 1.99B (+101.4%)
|
4.06B
est: 2.36B (+72.2%)
|
3.19B
est: 2.89B (+10.2%)
|
3.01B
est: 3.05B (-1.1%)
|
2.94B
est: 2.67B (+10.1%)
|
3.18B
2.92B – 3.80B
+19.2% YoY
|
3.62B
2.98B – 5.24B
+13.8% YoY
|
4.03B
3.86B – 4.27B
+11.2% YoY
|
4.58B
4.38B – 4.86B
+13.7% YoY
|
4.54B
4.34B – 4.82B
-0.9% YoY
|
| SGA |
3.63B
est: 2.89B (+25.5%)
|
4.31B
est: 3.17B (+36.0%)
|
2.91B
est: 3.14B (-7.3%)
|
3.57B
est: 3.25B (+9.7%)
|
3.07B
est: 3.90B (-21.4%)
|
3.39B
est: 3.01B (+12.9%)
|
3.77B
est: 3.40B (+10.9%)
|
4.39B
est: 4.01B (+9.4%)
|
5.41B
est: 5.28B (+2.5%)
|
5.23B
est: 5.42B (-3.5%)
|
7.25B
est: 6.65B (+9.0%)
|
8.43B
est: 7.88B (+6.9%)
|
10.34B
est: 9.66B (+7.0%)
|
10.63B
est: 9.88B (+7.6%)
|
10.82B
est: 10.20B (+6.0%)
|
11.61B
11.41B – 11.92B
+13.8% YoY
|
12.42B
11.85B – 13.27B
+7.0% YoY
|
13.28B
12.84B – 13.91B
+6.9% YoY
|
14.15B
13.69B – 14.82B
+6.6% YoY
|
15.13B
14.64B – 15.85B
+7.0% YoY
|
| EPS |
0.33
est: 0.37 (-9.7%)
|
-1.57
est: -0.58 (-169.0%)
|
-0.24
est: -0.22 (-7.2%)
|
-0.50
est: -0.51 (+1.3%)
|
0.01
est: 0.06 (-88.9%)
|
0.29
est: 0.19 (+53.7%)
|
0.21
est: 0.26 (-18.7%)
|
0.30
est: 0.33 (-9.9%)
|
0.62
est: 0.67 (-7.9%)
|
0.69
est: 0.76 (-9.7%)
|
1.60
est: 1.73 (-7.7%)
|
1.55
est: 1.83 (-15.1%)
|
1.23
est: 1.34 (-8.1%)
|
1.17
est: 1.18 (-1.0%)
|
1.14
est: 1.03 (+10.5%)
|
1.23
1.13 – 1.47
+19.2% YoY
|
1.40
1.15 – 2.03
+13.8% YoY
|
1.56
1.49 – 1.65
+11.2% YoY
|
1.77
1.69 – 1.88
+13.7% YoY
|
1.75
1.68 – 1.86
-0.9% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 3/5 | 3/5 |
| 2026-05-28 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 3/5 | 3/5 |
| 2026-05-27 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 3/5 | 3/5 |
| 2026-05-26 | A+ | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 3/5 | 3/5 |
| 2026-05-22 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-21 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-20 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-19 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-18 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-15 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-14 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-13 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-12 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-11 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-08 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-07 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-06 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-05 | A | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-04 | A | 4/5 | 4/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-04-30 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-29 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-28 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-27 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-24 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-23 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-22 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-21 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-20 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-17 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-04-16 | A | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 4/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Global X - MSCI China Consumer Discretionary ETF CHIQ | 1.49% | 1.82M | 0.65% |
| 2 | Pacer Emerging Markets Cash Cows 100 ETF ECOW | 0.58% | 1.24M | 0.70% |
| 3 | VictoryShares Emerging Markets Value Momentum ETF UEVM | 0.51% | 1.24M | 0.53% |
| 4 | abrdn Emerging Markets Dividend Active ETF AGEM | 0.51% | 1.82M | 1.18% |
| 5 | Fidelity Emerging Markets Limited FEMI.L | 0.50% | 1.06M | 0.50% |
| 6 | Fidelity Emerging Markets Quality Income UCITS ETF INC-USD FEME.L | 0.50% | 1.06M | 0.50% |
| 7 | Sophus Capital Emerging Market ETF EMEM | 0.42% | 253.9K | 0.65% |
| 8 | Avantis Emerging Markets Value ETF AVES | 0.38% | 5.58M | 0.36% |
| 9 | VanEck - MSCI Multifactor Emerging Markets Equity ETF EMKT.AX | 0.36% | 1.83M | 0.69% |
| 10 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.25% | 305.7K | 0.42% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Takeshi Kosaka | Joint Chief Executive Officer & Executive Director | 71M | male |
| Ning Li | Founder, Executive Chairman, Joint Chief Executive Officer and Head of Business Devp. Corporate Strategies & Planning | 68M | male |
| Qilin Li | Executive Director | 17M | male |
| Yi Wang | Vice President & Chief Marketing Officer | — | male |
| Yu Ru Hong | VP & Chief Sports Officer | — | male |
| Chun Tao Song | Vice President & Chief Human Resources Officer | — | male |
| Zhai Xuan Jin | Vice President & Chief Operating Officer | — | male |
| Dong Sheng Zhao | Vice President & Chief Financial Officer | — | male |
| Kar Lei Tai | Company Secretary | — | female |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 2331.HK
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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